A summary of the five major crypto market makers' MEME coin holdings: Wintermute's large bet on Binance listing has a high success rate, while most institutions are positioning in established projects
This article outlines the MEME coin holdings of five cryptocurrency market makers, collectively holding over $120 million worth of MEME coins. Among them, Wintermute has the largest holdings and covers the most popular projects, with several of its held MEME coins successfully listed on Binance. The holdings of other institutions are relatively smaller, mainly consisting of established MEME coins like PEPE and SHIB.Author: Nancy, PANews
With the continuous expansion of the market scale and the gradual maturity of operational models, MEME is gradually moving towards scaled and institutional operations. Among them, the participation of some crypto market makers is also increasing, which will further promote the continuous improvement of liquidity and stability in the MEME market.
In this article, PANews summarizes the MEME coin holdings of five crypto market makers, including Wintermute, GSR Markets, Auros Global, B2C2 Group, and Cumberland DRW. These institutions collectively hold MEME coins worth over $120 million, with Wintermute being the institution with the largest holdings and covering the most popular projects. Several of the MEME coins held by Wintermute have successfully launched on Binance, indicating its deep layout and influence in the MEME coin sector. In contrast, other institutions have smaller holdings, primarily consisting of established MEME coins like PEPE and SHIB, with significant transfers or sell-offs occurring on multiple platforms.
It is worth mentioning that DWF Labs, which previously made a high-profile layout in MEME, no longer holds any MEME projects in its public address, possibly related to increased regulatory scrutiny on MEME market makers by U.S. regulators. In early October this year, several market makers, including Gotbit, ZM Quant, and CLS Global, were accused by multiple U.S. regulatory agencies of manipulating the MEME market, with the operator of MyTrade pleading guilty and the CEO of Gotbit being charged by the U.S. Department of Justice for allegedly orchestrating large-scale fraudulent trading.
Wintermute: Holds over $110 million, 68% of MEME coins successfully launched on Binance
According to Arkham data, as of November 8, Wintermute holds 19 MEME coins worth over $1 million each, with a total holding value exceeding $110 million. The top three projects by holding value are MOODENG, GOAT, and PEPE, which together account for 40.9% of Wintermute's total MEME holdings. Moreover, most of these MEME coins come from Ethereum and Solana, and many are popular projects.
It is noteworthy that among the 19 MEME coins held by Wintermute, 13 projects have successfully launched on Binance, accounting for 68.4%, suggesting that this institution has become a bellwether for MEME coin listings on Binance.
GSR Markets: Still holds over $5 million in NEIRO, multiple large transfers possibly for providing liquidity
According to Arkham data, as of November 8, GSR Markets holds over 48.51 million NEIRO (uppercase), accounting for 4.8% of the total supply, worth over $5.08 million. Since October, GSR Markets has transferred NEIRO worth over $99.13 million to the exchange Bybit in multiple transactions, but Spot On Chain monitoring suggests that this operation may aim to provide more liquidity rather than sell.
Auros Global: Holding value approximately $330,000, frequently transferring NEIRO in the past month
According to Arkham data, as of November 8, Auros Global mainly holds PEPE, NEIRO (both uppercase and lowercase), and SHIB, with a holding value of $330,000, of which PEPE alone is valued at $197,000. It is worth mentioning that since September 30, Auros Global has been frequently transferring lowercase NEIRO to exchanges like Binance and Uniswap, with each transfer being below $70,000.
B2C2 Group: Only holds nearly $7 million in SHIB
Currently, B2C2 Group only has significant holdings in SHIB. According to Arkham data, as of November 8, B2C2 Group holds SHIB worth $6.89 million. Since this year, B2C2 Group has been transferring large amounts of SHIB to platforms like Coinbase and Robinhood, with individual amounts often in the millions of dollars.
Cumberland DRW: Holds nearly $230,000 in PEPE and SHIB, has sold millions in the past few months
Cumberland DRW has also chosen to hold established MEME coins, but with a smaller allocation. According to Arkham data, as of November 8, Cumberland DRW holds approximately $210,000 in PEPE and $18,000 in SHIB. In recent months, Cumberland DRW has gradually transferred millions of dollars worth of PEPE and SHIB to platforms like OKX, Robinhood, and FalconX.
